As an old FarmOner, I read a lot of the same questions asked on the forum.
So I decided to summarize those frequently asked questions here to help others understand and ease the pain of scrolling all the forum posts to look for the answer.
1. What is FarmOn.ph?
- Based on their 'About Us' page, "FarmOn.ph is a crowdfunding community where people can help farmers on their financial needs and at the same time reap rewards for their contributions. FarmOn.ph was developed by Sproads, a web publishing company based in Manila."
In simple terms, you (a FarmOner) invest money on a crop and a real farmer will plant it and take care of it until harvest time. Upon harvest, their agent will sell the crop and the proceeds will be divided unto you, the agent, and FarmOn. As of the latest cycle, FarmOn has required new registrants to include in their registration their referrer's email. (You'll know the reason as we proceed with the questions.) And the Referrer receives 1% of their referral's profit.